Liquidation

Global Aviation Holdings Inc. filed a restructuring plan that would hand ownership of its charter-airline service to its senior secured bondholders and cut its debt by about $168 million. Read the Daily Bankruptcy Review article here.

About 60 former Howrey attorneys are teaming up, and we’re not talking about a softball team.

No, the attorneys—former contract attorneys and non-equity partners—have joined forces to protect themselves from potential lawsuits to recover the compensation they received before the law firm’s demise and subsequent bankruptcy filing last year.